Asia real estate and outbound investment news
Japanese banking giant Sumitomo Mitsui Banking Corporation (SMBC) is bidding to buy a London office block controlled by US investment manager Nuveen Real Estate, as investors from Asia’s second largest economy grow their appetites for UK commercial properties.
Tokyo-based SMBC… Read More>>
Japanese banking giant Sumitomo Mitsui Banking Corporation (SMBC) is bidding to buy a London office block controlled by … Read more>>>
Singapore’s CapitaLand Investment is reportedly close to acquiring Melbourne-based fund manager Wingate Group, as the Temasek-backed giant carries out a strategic realignment with Australia as a focus market.
The two sides have been in talks for at least three months… Read More>>
Singapore’s CapitaLand Investment is reportedly close to acquiring Melbourne-based fund manager Wingate Group, as the … Read more>>>
Gaw Capital Partners has sold a hotel in California’s Bay Area for a quarter of what it paid to acquire the property eight years ago, as hospitality occupancy and revenue in the tech hub struggle to recover to pre-pandemic levels.
Gaw Capital Partners has sold a hotel in California’s Bay Area for a quarter of what it paid to acquire the property … Read more>>>
Paragon REIT has announced plans to sell its entire 85 percent interest in a New South Wales mall for A$163.2 million ($106.4 million), a divestment which pares the Singapore-listed trust’s Australia portfolio down to a single asset.
The deal values… Read More>>
Paragon REIT has announced plans to sell its entire 85 percent interest in a New South Wales mall for A$163.2 million … Read more>>>
One of Japan’s largest developers just gave a vote of confidence to New York City’s office market with Mori Building announcing late this week that it has acquired an 11 percent stake in supertall One Vanderbilt Avenue from property giant… Read More>>
One of Japan's largest developers just gave a vote of confidence to New York City's office market with Mori Building … Read more>>>
Chinese Estates Holdings is said to have received bids as low as 35 percent below asking price for an office block in London’s West End, as the Hong Kong-based developer plans to divest one of its last remaining UK investment… Read More>>
Chinese Estates Holdings is said to have received bids as low as 35 percent below asking price for an office block in … Read more>>>
Tuan Sing Holdings has submitted a planning application to redevelop the retail podium of the Grand Hyatt Melbourne, which the Singapore-based firm owns.
Tuan Sing seeks to revitalise 121-131 Collins Street and 23-25 George Parade, currently comprising the 550-room Grand… Read More>>
Tuan Sing Holdings has submitted a planning application to redevelop the retail podium of the Grand Hyatt Melbourne, … Read more>>>
CapitaLand Ascendas REIT on Friday announced its acquisition of a US logistics project at a total investment cost of S$94.8 million ($70.5 million).
CLAR purchased a land parcel in Summerville, South Carolina, near the southern state’s largest city of Charleston,… Read More>>
CapitaLand Ascendas REIT on Friday announced its acquisition of a US logistics project at a total investment cost of … Read more>>>
A private investment vehicle backed by some of Hong Kong’s biggest property tycoons is selling a prime office building in London’s St James’s district, as the city’s real estate investors continue to divest properties after being stung by slumps at… Read More>>
A private investment vehicle backed by some of Hong Kong’s biggest property tycoons is selling a prime office building … Read more>>>
Malaysia’s Sime Darby has purchased a car park near Melbourne’s Queen Victoria Market from the Lim family behind Singapore construction firm Evan Lim & Co and EL development for A$115 million ($76 million).
In a deal hailed as the largest… Read More>>
Malaysia’s Sime Darby has purchased a car park near Melbourne’s Queen Victoria Market from the Lim family behind … Read more>>>
